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Western Mines (ASX:WMG) hits further nickel-copper-PGE assays at Mulga Tank, WA

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ASX:WMG      MCAP $25.36M
02 September 2022 13:51 (AEST)

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Western Mines (WMG) has returned further nickel-copper-platinum group element mineralisation at the Mulga Tank project in Western Australia’s eastern goldfields.

The company received initial geochemical assay results for 99 samples taken from two targets.  

The samples covered a total of 76.9 metres from the 1337.6 metres of diamond core drilled across the four holes, with sampling predominantly focused on intervals where nickel sulphide blebs and veinlets were sighted.

The assay results then confirmed visual observations, with multiple anomalous nickel-copper-cobalt-platinum group element (PGE) intersections identified.

Geochemical assay results confirmed the mineralisation with significant anomalous results including 1.6 metres at 0.83 per cent nickel and 0.3 grams per tonne (g/t) platinum and palladium from 304 metres.

This included 0.4 metres at 1.34 per cent nickel and 0.55 g/t platinum and palladium from 304.4 metres, and 0.4 metres at 1.29 per cent nickel and 0.43 g/t platinum and palladium from 153.6 metres.

“The fact that thin one per cent nickel intersections over 0.4 metres to one metre sampling intervals, with associated copper, cobalt and PGE credits, provides great encouragement for the potential high-grade tenor of the mineral system at Mulga Tank, with the goal now being to find the source of these likely physically remobilised massive sulphides,” Managing Director Caedmon Marriott said.

Further assay results are still pending, which will be reported once they’re received. Meanwhile, a crew will soon mobilise to the site to complete a downhole electromagnetic survey.

Western Mines was trading steady at 13.5 cents at 1:49 pm AEST.

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